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How a Tax Attorney in Orange County CA Can Help You
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Posted On :
Dec-07-2014
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Article Word Count :
401
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Whether you are a business owner or a personal taxpayer, you may require the help of a tax attorney at some point. When a person decides to go into business, one of his or her first decisions is selecting a legal structure for the business. Tax attorneys advise clients on the pros and cons of each structure as well as instruct them on how to minimize taxes legally. They may also provide guidance to their clients
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Whether you are a business owner or a personal taxpayer, you may require the help of a tax attorney at some point. When a person decides to go into business, one of his or her first decisions is selecting a legal structure for the business. Tax attorneys advise clients on the pros and cons of each structure as well as instruct them on how to minimize taxes legally. They may also provide guidance to their clients when it comes time to file a business tax return. One of the most important roles a tax attorney fulfills for business clients is keeping them updated on changes to tax law and helping them maximize deductions.
Business tax lawyers have the opportunity to work in-house as an employee of a company or meet with clients as a self-employed business owner. The first type often helps clients with other financial issues, such as accounting and budgeting. Self-employed tax attorneys may be able to charge a higher fee, but there is no guarantee of steady work.
Tax Attorneys and Private Estates
When a person with a considerable estate dies, his or her family may opt to hire a tax lawyer to settle it. The goal is for the surviving family members to pay as little taxes on the estate as possible. People also consult with tax attorneys when they are forming trusts and wills. They want to make sure that they follow all applicable tax laws so the documents they create are valid. Like estate beneficiaries, they also want to reduce their tax liability.
Representing Taxpayers to the IRS
People who evade taxes usually have a large tax bill to pay. Tax attorneys are authorized to represent their clients when dealing with the IRS. Private individuals also hire tax lawyers to fight a tax assessment that they felt was unfair, even if they didn't try to avoid paying it. A tax lawyer in Orange County may be able to negotiate a settlement with the IRS on behalf of his or her client.
Criminal Tax Law
People who are involved in crimes that involve the IRS face large fines and jail sentences. They hire experienced tax lawyers in order to defend themselves. This type of lawyer must also have training in criminal defense strategies, although he or she does not have to be a specially enrolled tax agent.
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Article Source :
http://www.articleseen.com/Article_How a Tax Attorney in Orange County CA Can Help You_308491.aspx
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Author Resource :
Weston Barnes is a write and an avid reader for .When he's not writing about business, marketing, health, real estate, pets, or relationships, he's immersed in his latest book. When Weston was little, he would have to sneak a book light into his room so he could read until the wee hours of the night.
Link : Tax Attorney Orange County Ca
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Keywords :
law, legal,
Category :
Finance
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Taxes
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